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Sun Chemical Performance Pigments to increase global pigment prices

CINCINATTI, OH, U.S. – Sun Chemical Corporations Performance Pigments Division will increase global prices on pigme…

CINCINATTI, OH, U.S. – Sun Chemical Corporations Performance Pigments Division will increase global prices on pigments effective March 31. Continued increases in raw materials, energy, and transportation costs, along with the escalating value in foreign currency, are the reasons cited by Sun Chemical for the increases.

On average, the prices for the following pigment chemistry will increase by:
Classical Azo Reds: 4-6%
Classical Azo Yellows: 5-7%
Classical Phthalo: 5-8%
High Performance: 3-6%
Pearlescent: 5-7%
Cosmetic Colors: 5-7%

The price increase will affect all forms including dry, preparations, and flushes.

“At Sun Chemical, we’re working to control our own costs through the improvement of internal operations,” said Brian Leen, vice president and general manager, Performance Pigments, Sun Chemical. “While these efforts have helped to offset some rising raw material costs, the increased cost of energy and transportation combined with the rising cost of raw materials have forced us to pass some of these costs on to our customers.”

The price increase applies to all markets that purchase pigments including the ink, coating, plastic, and cosmetics industries.

About Sun Chemical

Sun Chemical, the world’s largest producer of printing inks and pigments, is a leading provider of materials to packaging, publication, coatings, plastics, cosmetics, and other industrial markets. With annual sales of $4 billion, Sun Chemical has more than 12,000 employees supporting customers around the world. The Sun Chemical Group of companies includes such established names as Coates, Hartmann, Kohl & Madden, and US Ink. Sun Chemical Corporation is a subsidiary of Sun Chemical Group B.V., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.

For more information: www.sunchemical.com